Plantation Counters, Which is your first pick?
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 Aug 10 2008, 01:50 PM
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Senior Member
4,030 posts Joined: Apr 2008  
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QUOTE(asambuffett @ Aug 9 2008, 02:34 AM) how bout Sime...the world's biggest plantation Co...whats the good entry point for it ..from ur view? Price wise?? Plenty of room to fall for Sime Darby. I'm looking to enter about RM 4.00 as i am predicting the price of CPO will drop to below RM2000. Right now i am re-evaluating my entry point of IOI. I think my target price for IOI is below RM3.00  |
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Aug 11 2008, 09:31 AM
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Junior Member
476 posts Joined: Aug 2008
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QUOTE(AdamG1981 @ Aug 10 2008, 01:50 PM) Price wise?? Plenty of room to fall for Sime Darby. I'm looking to enter about RM 4.00 as i am predicting the price of CPO will drop to below RM2000. Right now i am re-evaluating my entry point of IOI. I think my target price for IOI is below RM3.00 so pity Sime Darby, im valuing it at 4.3... but with 30% margin of error... => ~ 3.00hw, because its Sime Darby, I'll be happy enough to grab it at RM4.00. but thats still a far journey for it to go down to....6.90 to 4.00..  patience..patience..  |
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Aug 11 2008, 02:29 PM
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Senior Member
1,345 posts Joined: Dec 2007
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QUOTE(asambuffett @ Aug 11 2008, 09:31 AM) so pity Sime Darby, im valuing it at 4.3... but with 30% margin of error... => ~ 3.00 KLSE largest market cap company @ RM4? hw, because its Sime Darby, I'll be happy enough to grab it at RM4.00. but thats still a far journey for it to go down to....6.90 to 4.00.. patience..patience..  i think it's quite impossible cause SIME is more than just a palm oil company....  This post has been edited by fergie1100: Aug 11 2008, 02:33 PM |
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Aug 11 2008, 03:42 PM
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Senior Member
1,523 posts Joined: Dec 2007 From: Puchong... 
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i will go in at 5.00... |
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Aug 11 2008, 07:04 PM
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Senior Member
4,030 posts Joined: Apr 2008
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QUOTE(fergie1100 @ Aug 10 2008, 11:29 PM) KLSE largest market cap company @ RM4? Sime's plantation business is the only business that made money for the last few quarters. With CPO prices going below 2500, what business segment does Sime really have that is profitable? i think it's quite impossible cause SIME is more than just a palm oil company.... |
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Aug 12 2008, 11:51 AM
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Senior Member
1,850 posts Joined: Jan 2003
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my target for SIME 6.50, i enter kau kau
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Aug 12 2008, 04:39 PM
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Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
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SIME got property,Motoring,... |
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Aug 12 2008, 05:03 PM
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Senior Member
4,030 posts Joined: Apr 2008
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Sept CPO is trading at 2595 !!!
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Aug 12 2008, 05:21 PM
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Junior Member
119 posts Joined: Apr 2008
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but i believe CPO is sumwhere establish on that range of price dy...anyway to get lower than RM2000?!! can share additional info plz..
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Aug 12 2008, 07:06 PM
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Senior Member
4,030 posts Joined: Apr 2008
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QUOTE(wahlauyeh @ Aug 12 2008, 02:21 AM) but i believe CPO is sumwhere establish on that range of price dy...anyway to get lower than RM2000?!! can share additional info plz.. CPO closed at 2566. Tomorrow is going to be a killer for plantation counters.CI to drop 20 points? |
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Aug 13 2008, 09:42 AM
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Junior Member
119 posts Joined: Apr 2008
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QUOTE(AdamG1981 @ Aug 12 2008, 07:06 PM) CPO closed at 2566. Tomorrow is going to be a killer for plantation counters. CI down 20 points? not so soon lar...the adjustment of oil price start beginning next month, rite now only middle of the month..shud b dropping another 3 point gua.. CI to drop 20 points?  |
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Aug 13 2008, 10:32 AM
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Senior Member
1,850 posts Joined: Jan 2003
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bought SIME 6.80!!
let's be practical la.. if SIME drops to RM6.00.. mean KLCI is around 1050 level la!!! valuation is worst than during SARS |
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Aug 13 2008, 01:15 PM
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Senior Member
3,944 posts Joined: Jul 2008
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QUOTE(Neo18 @ Aug 13 2008, 11:32 AM) bought SIME 6.80!! I thinks SARS and current CPO slower down in demand is two different case. CPO price are not going to climb anytime soon. Just my view though. So I think it is very possible that Sime will reach RM 6.00 or even lower.let's be practical la.. if SIME drops to RM6.00.. mean KLCI is around 1050 level la!!! valuation is worst than during SARS This post has been edited by darkknight81: Aug 13 2008, 01:17 PM |
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Aug 13 2008, 06:26 PM
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Junior Member
45 posts Joined: Jun 2007
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what do you guys think abt IOICorp ? what is the reasonable entry price ?
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Aug 13 2008, 06:34 PM
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Senior Member
4,030 posts Joined: Apr 2008
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QUOTE(alexleong_2002 @ Aug 13 2008, 03:26 AM) what do you guys think abt IOICorp ? what is the reasonable entry price ? Below 4 |
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Aug 13 2008, 11:37 PM
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Junior Member
289 posts Joined: Jun 2008 From: Penang
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QUOTE(alexleong_2002 @ Aug 13 2008, 06:26 PM) what do you guys think abt IOICorp ? what is the reasonable entry price ? I would consider the next support level at 4.40 if the CPO dont sink anymore. |
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Aug 14 2008, 09:17 AM
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Junior Member
45 posts Joined: Jun 2007
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QUOTE(georgechang79 @ Aug 13 2008, 11:37 PM) I would consider the next support level at 4.40 if the CPO dont sink anymore. Today IOICorp seems coming back real strong, very unlikely to drop below 4.40 |
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Aug 14 2008, 10:17 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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it is following oil price. oil price up USD3/barrel yesterday.
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Aug 15 2008, 03:02 PM
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Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
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CPO tumble...now |
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Aug 15 2008, 06:54 PM
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Senior Member
4,030 posts Joined: Apr 2008
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Plantation counters are dead now...we are zooming CPO price of RM 2000 quick
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